Chemical Billionaire’s Bid for Fossil Fuel Empire: Ineos Corporate Profile
The private and secretive chemical company Ineos has been leading the charge the environmentally destructive method of fracking to the United Kingdom (UK) and mainland Europe. It's a return to the past. Find out what we need to do.
For the past decade, the United States has pursued a failed experiment in natural gas extraction known as hydraulic fracturing, or fracking.
The fossil fuel industry touts fracking as a revolutionary technology that could deliver huge volumes of cheap, clean energy. But the fracking boom has been an environmental catastrophe in the United States.
The private and secretive chemical company Ineos has been leading the charge to bring this environmentally destructive method to the United Kingdom (UK) and mainland Europe.
However, the fracking “revolution” that Ineos promotes is a return to the past, where corporate executives profit from environmentally destructive extraction and the generation of dirty energy. In reality, fracked gas is incompatible with European Union (EU) and United Kingdom (UK) climate objectives, the Paris Agreement obligations and the need to act quickly to tackle climate change.
Find out more in, ‘Chemical Billionaire’s Bid for Fossil Fuel Empire: Ineos Corporate Profile.